Muhammad Raghib Hussain - Nov 15, 2021 Form 4/A - Amendment Insider Report for Marvell Technology, Inc. (MRVL)

Signature
Raghib Hussain by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Nov 15, 2021
Transactions value $
-$21,866,164
Form type
4/A - Amendment
Date filed
11/18/2021, 07:55 PM
Date Of Original Report
Nov 17, 2021
Previous filing
Oct 19, 2021
Next filing
Nov 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $884K +73K +12.85% $12.12* 641K Nov 15, 2021 Direct F1
transaction MRVL Common Stock Options Exercise $405K +26K +4.06% $15.59* 667K Nov 15, 2021 Direct
transaction MRVL Common Stock Options Exercise $405K +26K +3.9% $15.59* 693K Nov 15, 2021 Direct
transaction MRVL Common Stock Sale -$3.82M -52.8K -7.62% $72.34 640K Nov 15, 2021 Direct F2, F3
transaction MRVL Common Stock Sale -$3.22M -44.2K -6.91% $72.80 596K Nov 15, 2021 Direct F2, F4
transaction MRVL Common Stock Sale -$222K -3.01K -0.51% $73.63 593K Nov 15, 2021 Direct F2, F5
transaction MRVL Common Stock Sale -$5M -69.1K -11.66% $72.35 524K Nov 15, 2021 Direct F2, F6
transaction MRVL Common Stock Sale -$3.81M -52.3K -9.99% $72.82 471K Nov 15, 2021 Direct F2, F7
transaction MRVL Common Stock Sale -$264K -3.59K -0.76% $73.63 468K Nov 15, 2021 Direct F2, F8
transaction MRVL Common Stock Sale -$7.23M -100K -21.38% $72.33 368K Nov 16, 2021 Direct F2, F9
holding MRVL Common Stock 88.1K Nov 15, 2021 By Family Trusts F10

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MRVL Non-Qualified Stock Option Options Exercise $0 -73K -100% $0.00* 0 Nov 15, 2021 Common Stock 73K $12.12 Direct F11, F12
transaction MRVL Non-Qualified Stock Option Options Exercise $0 -26K -100% $0.00* 0 Nov 15, 2021 Common Stock 26K $15.59 Direct F11, F12
transaction MRVL Non-Qualified Stock Option Options Exercise $0 -26K -100% $0.00* 0 Nov 15, 2021 Common Stock 26K $15.59 Direct F11, F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Starting share total was incorrectly reported on previous 11.17.2021 filing due to a clerical error.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reported person.
F3 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.56 to $72.56, inclusive. The reporting person undertakes to provide Marvell Technology, Inc. ("Marvell"), any security holder of Marvell, or the staff of the Securities and Exchange Commission ("SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
F4 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.57 to $73.58, inclusive. The reporting person undertakes to provide Marvell, any security holder of Marvell, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
F5 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.59 to $73.68, inclusive. The reporting person undertakes to provide Marvell, any security holder of Marvell, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
F6 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.58 to $72.58, inclusive. The reporting person undertakes to provide Marvell, any security holder of Marvell, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
F7 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.59 to $73.59, inclusive. The reporting person undertakes to provide Marvell, any security holder of Marvell, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
F8 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.59 to $73.65, inclusive. The reporting person undertakes to provide Marvell, any security holder of Marvell, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
F9 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.01 to $72.79, inclusive. The reporting person undertakes to provide Marvell, any security holder of Marvell, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
F10 Held in trusts of which the Reporting Person is the trustee, for the benefit of members of his immediate family.
F11 The stock option exercises reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reported person.
F12 The stock options completely vested on 11/01/2018.
F13 The stock options completely vested on 02/16/2019.

Remarks:

Raghib Hussain by Blair Walters as Attorney-In-Fact